Which of the Following Is True

question 11

Multiple Choice

Which of the following is true?

• A) A school voucher program targeted towards low- and middle-income families would cause an increase in the degree of racial and economic segregation among schools.
• B) Charter schools are often operated by religious organizations.
• C) An expansion in school voucher programs would tend to increase the salaries of excellent teachers.
• D) School voucher programs would reduce the degree of competition between public and private schools.

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Definitions:

Variable Cost

Financial outlays that change directly with changes in production or sales amounts, such as direct labor and raw materials.

Incremental Manufacturing Cost

The additional costs incurred when increasing production by one additional unit.

Production Increase

Refers to the rise in the quantity of goods or services that a company produces over a given period.

Period Costs

Expenses that are not directly tied to the production process and are charged to the period in which they are incurred.